Card Cash Transactions Continue Downward Spiral
Mastercard and Visa card cash transactions (CTX) for credit and debit cards in the U.S. declined by 7.1% year-on-year (YOY) in the first-quarter (1Q/19) compared to a 2.3% YOY decline in the fourth-quarter. The decline was across-the-board for both Visa and Mastercard U.S. payment card CTX on a YOY basis and on a CAGR basis.…